Over the past several months, the airline has struggled to pay vendors and staff salaries on time.
'If an airline is willing to get the funding, it will fly in unviable routes.'
With passengers flying Indian skies getting more and more unruly, day by day, airlines are forced to stock rope and handcuffs on board and use them as they did the other day on a Dubai-Delhi flight.
The fairy tale turnaround story has, however, taken a few knocks after a second wave of the pandemic has brought a series of default notices and has posed the toughest test for the 55-year old Singh to save the airline he founded and sold to the Marans only to assume control later.
"For an airline, the most important asset are the pilots. They are a mature lot who understand that strikes will not help anyone, that planes have to fly; only then will the money come."
'Work will now be basically file movements from one desk to another as both the government and the agency would not like to antagonise the court.'
Cricket doesn't need development. In football there are two elements - one is the game and the other is the philanthropy element. Cricket is a purely commercial decision.
The government is ready to support Air India, but wants the airline to improve its performance.
The business of volume can be a win or a loss for a sugar mill as India's sugar market is heavily controlled by the government.
The travel period for which the discount is being offered ends on April 30 next year.
Air Deccan, India's first low-cost airline that made flying affordable for the middle class, is relaunching its operations from December 23.
An additional lease rental of Rs 200 crore on nine Boeing 787 Dreamliners was the reason for ending in the red this quarter, Arindam Majumder reports from New Delhi.
Rains made the job more challenging as it was making the ground soft, the AIESL CEO said.
Government to ask airlines to educate flyers. 'It will be an exhaustive charter which will tell the passenger about all their rights, like whether they are eligible for a refund when there is a delay in flight, what to do in case of a flight delay and other in-flight etiquette.'
With IndiGo executing its long haul low-cost plans the airline will certainly need a lot of cash going forward.
BCCI is one of the richest sporting bodies in world sports with a license to rule world cricket but it was Jagmohan Dalmiya who will be credited with it.
Airlines tell Arindam Majumder and Aneesh Phadnis they are forced to look at expats due to a lack of commanders, a position that requires experience.
The Missionaries of Charity are unaffected by the recent comments of RSS chief Mohan Bhagwat questioning Mother Teresa's motives
CEOs are not happy with scorecard so far but are ready to invest more as they think one year is too short a time to revive the economy
'The government has done extremely well.'
Unplanned, last-minute pricing is hurting the aviation sector, as is evident from the balance sheets of Indian carriers
The election campaign finally ended on Friday, May 17. Arindam Majumder reveals what he discovered on the election front on a long rail journey.
Contract workers are paid much less than regular workers. This year's Economic Survey estimates wages are on an average 20 times higher in the formal sector than in the informal sector. Arindam Majumder reports.
Budget has several small steps which will boost growth
Vistara is trying to be leaner and meaner, while staying focused on the original brand promise; it aims to be profitable by FY21. Arindam Majumder reports.
'We are making a transition from governance to campaign mode.' 'The speed of execution is picking up,' says Union Minister Jayant Sinha.
'People don't want to watch a screaming channel if given a decent alternative.'
'Now, we have a minimum pension of Rs 1,000 annually.'
'The rate of interest from the EPF is still attractive compared to the rates on fixed deposits, National Savings Scheme, Public Provident Fund...'
'It is not as bad an airline as it is made out to be: We serve wonderful food, the leg space is more, our cabin crew is warm and friendly.' 'The customer needs to be apprised of these things.'
On the eve of the Modi government's two years in office, the RSS-linked Bharatiya Mazdoor Sabha leadership met Finance Minister Arun Jaitley. After the meeting, the BMS claimed the FM told its delegation 'the government has realised that labour reforms are not essential for industrial growth in the country.'
'The regional market has been brought to life. This is a big development in India's aviation sector,' says Civil Aviation Minister Jayant Sinha.
Shopkeepers are losing buyers in droves to e-tailers for everything from fashion to smartphones, and are struggling to find solutions.
Indian billionaires do not believe in sitting on their wealth.
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